Shanghai Bolex Food Technology Co (SHSE:603170) PB Ratio: 3.42 (As of Aug. 09, 2026) — 18% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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SHSE:603170 Shanghai Bolex Food Technology Co Ltd SHSE:603170
96 GF Score
Price ¥13.24
GF Value ¥16.55
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Shanghai Bolex Food Technology Co PB Ratio?

Shanghai Bolex Food Technology Co SHSE:603170 +1.92% 96 PB Ratio is 3.42 as of Aug. 09, 2026, which is 18% below its 10-year median of 4.19. GuruFocus rates SHSE:603170 with a GF Score™ of 96/100 and a GF Value™ of ¥16.55 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,898 Consumer Packaged Goods companies, Shanghai Bolex Food Technology Co ranks worse than 82.61% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-08-09), Shanghai Bolex Food Technology Co's share price is ¥13.24. Shanghai Bolex Food Technology Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥3.87. Hence, Shanghai Bolex Food Technology Co's PB Ratio of today is 3.42.

The historical rank and industry rank for Shanghai Bolex Food Technology Co's PB Ratio or its related term are showing as below:

SHSE:603170' s PB Ratio Range Over the Past 10 Years
Min: 2.93   Med: 4.19   Max: 14.85
Current: 3.42

During the past 8 years, Shanghai Bolex Food Technology Co's highest PB Ratio was 14.85. The lowest was 2.93. And the median was 4.19.

SHSE:603170's PB Ratio is ranked worse than
82.61% of 1898 companies
in the Consumer Packaged Goods industry
Industry Median: 1.39 vs SHSE:603170: 3.42

During the past 12 months, Shanghai Bolex Food Technology Co's average Book Value Per Share Growth Rate was 7.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.80% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Bolex Food Technology Co was 36.20% per year. The lowest was 9.50% per year. And the median was 23.80% per year.

Back to Basics: PB Ratio


Shanghai Bolex Food Technology Co  (SHSE:603170) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Shanghai Bolex Food Technology Co PB Ratio Related Terms


Shanghai Bolex Food Technology Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Bolex Food Technology Co's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shanghai Bolex Food Technology Co PB Ratio Chart

Shanghai Bolex Food Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 10.05 5.00 4.43 3.85

Shanghai Bolex Food Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.60 3.58 4.10 3.85 3.19

SHSE:603170 vs KHC, GIS: PB Ratio Comparison

For the Packaged Foods subindustry, Shanghai Bolex Food Technology Co's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shanghai Bolex Food Technology Co PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Bolex Food Technology Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Bolex Food Technology Co's PB Ratio falls into.


SHSE:603170
96GF Score
Shanghai Bolex Food Technology Co Ltd SHSE:603170
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Bolex Food Technology Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Shanghai Bolex Food Technology Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=13.24/3.869
=3.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 3.42 mean?
Shanghai Bolex Food Technology Co (SHSE:603170) has a PB Ratio of 3.42 as of Aug. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanghai Bolex Food Technology Co and its competitors. This is 18% below median its historical median of 4.19. Over the past decade, Shanghai Bolex Food Technology Co's PB Ratio has ranged from 2.93 to 14.85. According to the industry distribution chart, Shanghai Bolex Food Technology Co ranks #1568 out of 1898 companies in the Consumer Packaged Goods industry, placing it in the top 82.6%.
Is Shanghai Bolex Food Technology Co's PB Ratio too high?
Shanghai Bolex Food Technology Co's current PB Ratio of 3.42 is 18% below median its 10-year median of 4.19. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 14.85. The Consumer Packaged Goods industry median PB Ratio is 1.39. Shanghai Bolex Food Technology Co's value of 3.42 is 146% above this industry median. Based on the distribution chart, Shanghai Bolex Food Technology Co ranks #1568 out of 1898 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Shanghai Bolex Food Technology Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Bolex Food Technology Co's PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shanghai Bolex Food Technology Co ranks #1568 out of 1898 companies for PB Ratio. This places Shanghai Bolex Food Technology Co in the lower half of its industry. The industry median PB Ratio is 1.39. Shanghai Bolex Food Technology Co's value of 3.42 is 146% above this benchmark. Historically, Shanghai Bolex Food Technology Co's own PB Ratio has ranged from 2.93 to 14.85 over the past decade. While the company's 10-year median is 4.19 vs. the industry median of 1.39, Shanghai Bolex Food Technology Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.39, based on 1,898 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shanghai Bolex Food Technology Co's current PB Ratio of 3.42 is 146% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanghai Bolex Food Technology Co and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Bolex Food Technology Co's current PB Ratio is 3.42, which is 18% below median its own 10-year median of 4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Bolex Food Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Bolex Food Technology Co (SHSE:603170) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.55, compared to a current price of ¥13.24 — trading 20% below its estimated fair value. The current PB Ratio is 3.42, which is 18% below median its 10-year median of 4.19 and 146% above the Consumer Packaged Goods industry median of 1.39. Shanghai Bolex Food Technology Co's overall GF Score™ is 96/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Shanghai Bolex Food Technology Co (SHSE:603170), the current PB Ratio is 3.42 as of Aug. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shanghai Bolex Food Technology Co (SHSE:603170) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Bolex Food Technology Co stock appears to be undervalued. The current stock price of ¥13.24 is trading 20% below its estimated GF Value™ of ¥16.55. GuruFocus considers Shanghai Bolex Food Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:603170:

  • PB Ratio: 3.42 (18% below median its 10-year median of 4.19)
  • GF Value™: ¥16.55 vs. price of ¥13.24 (20% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 146% above the Consumer Packaged Goods median (#1568 of 1898)

No single metric tells the full story. See the SHSE:603170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Bolex Food Technology Co Business Description

Address No. 6088 Shenzhuan Road, Building 2, Dongjing Town, Songjiang District, Shanghai, CHN, 201613
Shanghai Bolex Food Technology Co Ltd is engaged in the research and development, production, and technical services of food seasonings. The main products include compound seasonings, light cooking solutions, and beverage and dessert ingredients.
96GF Score

Get the complete analysis for SHSE:603170

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥13.24
Price
¥16.55
GF Value